Business · Companies · 1 hr ago

Roche signs obesity drug licensing deal with China's Rona worth up to $1.16 billion

Roche signs obesity drug licensing deal with China's Rona worth up to $1.16 billion

Roche has struck a licensing deal with China's Rona Therapeutics for an obesity drug.

The deal could be worth up to $1.16 billion.

Licensing deals give a company rights connected to a drug.

The headline does not identify the drug or explain the deal's terms.

It gives no details about how the companies will develop or market the drug.

No next steps are specified.

Sources

Related news